Syria says agreement reached to halt military operations in Sweida
Syria said a new ceasefire reached on Wednesday in the Druze-majority city of Sweida will bring a complete halt to...
Geostrategy
Business
Iran’s largest steel maker suspended from trading on Tehran exchange
According to the parliamentary report, which was published by several local media outlets, the firm paid huge sums of money...
- Located in central Isfahan province, Mobarakeh plays a major role in Iran's economy and is the owner of local football team Sepahan.
- In January last year, Iranian lawmakers voted to launch an investigation into Mobarakeh's affairs to examine issues including "the reasons for its decrease in export volume".
Business
Workers at Britain’s biggest container port begin eight-day strike
The Unite union representing the striking Felixstowe staff said the stoppage will have a big impact at the port, which...
- Nearly 2,000 unionized employees at the port in eastern England started their walkout Sunday morning in the first strike at Felixstowe since 1989.
- It comes amid stoppages over pay and working conditions across various UK industries, with railway workers just the latest to strike on Thursday.
Science
Racing rodents to resolve mental health challenges
University of Richmond's rat drivers first dazzled the world with their ability to operate tiny cars back in 2019. They...
- The animals are part of a boundary-pushing project exploring the ways in which environmental enrichment sculpts the brain.
- When challenged with stressful tasks, the worker rats persisted longer than those conditioned to remain in a state of what psychologists call "learned helplessness."
Algeria fires burned UNESCO-listed park: expert
Algeria's northeast was particularly hard-hit since Wednesday in blazes exacerbated by climate change but the fire service said most of...
- UNESCO's website says it is the last refuge of the Barbary Red Deer and "home to a very remarkable bird life, more than 60,000 migratory birds every winter"
- Civil Defense Colonel Boualem Boughlef said on television that since June 1, 1,242 fires have destroyed 5,345 hectares of woodlands in Algeria
Geostrategy
Morocco king calls on allies to back country on W. Sahara
King Mohammed VI asked allies to "clarify their stance" on the matter, without specifying which countries he was addressing, although...
- Morocco fought a 15-year war with the Polisario Front independence movement after Spain withdrew from its former colony in 1975
- A United Nations-monitored ceasefire deal provided for a referendum, but Morocco has since rejected any vote that includes independence as an option
Business
Art market persists with crypto romance
NFT artworks accounted for some $2.8 billion in sales last year and the rate has declined only slightly in the...
- Thirteen Italian museums recently signed deals with Cinello, a firm that sells limited edition digital reproductions, to offer ownership of digital replicas of masterworks
- Cinello said it had digitized more than 200 works and its sales had generated 296,000 euros in extra revenue for Italian museums
Two road accidents leave 32 dead in Turkey
Two separate road accidents in southeast Turkey have left at least 32 people dead, including firefighters, emergency workers and journalists....
- The first crash involved a bus and an ambulance killed 16 people and injured 21 more in Gaziantep province, local media said
- The second accident, at least 16 people were killed after a truck driver hurtled into pedestrians in a town some 200 kilometers (120 miles) east, the health minister said.
Business
Women blaze a new trail in Egypt
In a country where few women have formal jobs, the Cairo metro’s pioneering decision to hand over the controls of...
- The metro itself provides reserved carriages for women who do not wish to ride with men in an attempt to provide protection against sexual harassment
- The Cairo metro, launched in 1987, is the oldest in the Arab world but it has fallen behind other Arab countries in providing employment opportunities for women
Geostrategy
France’s President to visit Algeria to ease tensed relations
The French presidency said that this trip will contribute to deepening the bilateral relationship, reinforce Franco-Algerian cooperation in the face...
- French-Algerian ties hit a low late last year after Macron reportedly questioned whether Algeria had existed as nation before the French invasion
- The North African country won its independence from France following an eight-year war, which ended with the signing in March 1962 of the Evian Accords.
Geostrategy
Russian agricultural products embargo to cause food crisis, says UN
Russian fertilizers and agricultural products must be able to reach world markets "unimpeded" or a global food crisis could strike...
- UN said it is important that all governments and the private sector cooperate to bring Russian agricultural products to market
- The UN chief vowed that his organization would try to "step up" grain exports from Ukraine before the onset of winter
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
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Ten years from home World Cup, Saudi sizes up ‘huge challenge’
As the only bidder, Saudi Arabia was anointed host of the 2034 World Cup last October by FIFA. Infrastructure is...
Regulated dollar transactions on the rise in Iraq, says central bank
With dollars dominating the country's economy, Baghdad has imposed a series of restrictions on the use of American greenbacks domestically....
Economy
No let-up in Gaza war despite UN ceasefire resolution
The resolution demanding an "immediate ceasefire" was adopted Monday after Israel's closest ally the United States abstained. Washington insisted that...
Geostrategy
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Market Report
Geopolitical tensions boost oil, weigh on equities
Geopolitical tensions sent oil prices climbing and weighed on equities as investors also continued to worry about prospects for interest...
- Moscow has escalated its aerial attacks on Kyiv, targeting key infrastructure in the wake of Ukrainian attacks on Russian oil facilities.
- Russia is a key producer of oil, while the Gaza-Israel war has given rise to worries about Middle Eastern crude supplies.
Geostrategy
Trump tells Israel media ‘you’re losing support’ over Gaza war
Former US president Donald Trump warned Israel in an interview that it was losing support over the war in Gaza....
- Trump frequently touts himself as a devoted ally of Israel, pointing to his decision to move the US embassy to Jerusalem.
- The former US President said he would have responded to Hamas's attack "very much the same way" Israel did.
Geostrategy
UN expert accuses Israel of several acts of ‘genocide’ in Gaza
"The overwhelming nature and scale of Israel's assault on Gaza and the destructive conditions of life it has inflicted reveal...
- United Nations chief Antonio Guterres meanwhile defended the UN agency for Palestinian refugees, UNRWA, describing it as a "lifeline of hope and dignity".
- "In a darkening world, UNRWA is the one ray of light for millions of people. I see that hope here. Now more than ever, we must not take away that hope"